Management Theories And Ethical Theories

2085 WordsNov 15, 20169 Pages
In this case study there are three major characters that resemble different views of management theories and ethical theories. Each individual character has their own inner issues that they have to deal with and how it will affect their self, the business, and the community of they operate in. Bernie Ebbers, Cynthia Cooper, and David Myers are the three main people that have to confront these issues. Cynthia cooper is the head of the Internal Audit department in the company and finds some suspicious activities going on with their accounting practices. Cooper battles with the Board on exposing the company and letting everyone know what is going. Bernie Ebbers is the CEO of the company; he has built up the company to be the super-giant it…show more content…
also, around this time Cynthia Cooper would join the company to be the head of the Internal Audit Department. In 1998, WorldCom would acquire MCI Communications Corporation for 37 Billion dollars. This would be the largest buyout in history during this time. In the next year WorldCom’s stock price would be at an all-time high at $64.50 a share. In 2000, WorldCom would be declined of a deal with Sprint for 115 Billing dollars by the Department of Justice. This would act as a foreshadowing for the issues that would later be brought to light by Cynthia Cooper and her team. For many years WorldCom would gain revenue and show that the company is gaining profit by acquiring companies and taking over the industry. When the deal with sprint didn’t go through this stopped that from happening, it startled many investors and the stock price dropped to $15.93. While all these issues were happening on the outside that were creating problems for the company there were larger issues that not many people knew of on the inside that could destroy the company all together. Cynthia Cooper was the VP of internal audits at WorldCom. An employee of hers, Gene Morse, when performing routine audits, stumbled across a $500 million discrepancy with logged computer-related expenses. He took his findings to Cooper, who confirmed that there were no invoices or documentation to account for the tech work. Rather than
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